Legal & General Group Plc Reduces Holdings in Gaming and Leisure Properties, Inc. $GLPI

Posted by Stanley Muller on Aug 28th, 2026

Legal & General Group Plc lowered its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI – Free Report) by 10.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,909,016 shares of the real estate investment trust’s stock after selling 215,303 shares during the quarter. Legal & General Group Plc owned 0.66% of Gaming and Leisure Properties worth $85,008,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLPI. The Manufacturers Life Insurance Company grew its stake in shares of Gaming and Leisure Properties by 29.9% during the second quarter. The Manufacturers Life Insurance Company now owns 472,446 shares of the real estate investment trust’s stock valued at $21,038,000 after acquiring an additional 108,741 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Gaming and Leisure Properties by 191.7% during the second quarter. Jones Financial Companies Lllp now owns 10,113 shares of the real estate investment trust’s stock worth $464,000 after acquiring an additional 6,646 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its stake in shares of Gaming and Leisure Properties by 13.7% in the second quarter. OMERS ADMINISTRATION Corp now owns 14,053 shares of the real estate investment trust’s stock worth $626,000 after acquiring an additional 1,689 shares in the last quarter. Globeflex Capital L P acquired a new position in shares of Gaming and Leisure Properties in the second quarter worth about $652,000. Finally, Compass Financial Management LLC purchased a new position in Gaming and Leisure Properties in the second quarter valued at about $61,000. 91.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $47.00 target price on shares of Gaming and Leisure Properties in a research report on Thursday, August 13th. Scotiabank increased their price objective on shares of Gaming and Leisure Properties from $49.00 to $50.00 and gave the company a “sector perform” rating in a research note on Thursday, August 13th. Cantor Fitzgerald cut their target price on shares of Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Barclays lowered their price objective on Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. lowered their price target on Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating for the company in a report on Tuesday, June 30th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Gaming and Leisure Properties presently has an average rating of “Moderate Buy” and a consensus price target of $49.91.

View Our Latest Stock Report on GLPI

Insider Buying and Selling

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 3,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total value of $144,960.00. Following the sale, the director directly owned 127,429 shares of the company’s stock, valued at $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Earl C. Shanks bought 10,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was bought at an average price of $42.24 per share, for a total transaction of $422,400.00. Following the completion of the purchase, the director directly owned 107,259 shares of the company’s stock, valued at $4,530,620.16. The trade was a 10.28% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 4.11% of the company’s stock.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ:GLPI opened at $42.31 on Friday. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51. Gaming and Leisure Properties, Inc. has a fifty-two week low of $41.17 and a fifty-two week high of $49.95. The firm has a 50-day simple moving average of $44.07 and a 200 day simple moving average of $46.00. The company has a market cap of $12.31 billion, a PE ratio of 12.41, a P/E/G ratio of 1.78 and a beta of 0.66.

Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. Gaming and Leisure Properties had a net margin of 59.01% and a return on equity of 19.17%. The firm had revenue of $430.52 million for the quarter, compared to analysts’ expectations of $428.51 million. During the same quarter last year, the company posted $0.96 earnings per share. Gaming and Leisure Properties’s revenue was up 9.0% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. On average, sell-side analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 EPS for the current year.

Gaming and Leisure Properties Company Profile

(Free Report)

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.